Charter Hall Group and Related Entities Acquire 49% Stake in Telstra Telecoms Exchange RE Portfolio

Posted on 08/16/2019


Charter Hall Group, through its Charter Hall Long WALE REIT and its own corporate balance sheet, acquired a 49% stake in an Australian property portfolio of telecommunication exchanges for A$ 700 million from Telstra Corporation. The 37 telecommunications exchange properties located around Australia, but the majority in metropolitan areas in Sydney and Melbourne. Telstra will […]